Bill Text: MN SF514 | 2011-2012 | 87th Legislature | Introduced
Bill Title: University of Minnesota (U of M) capital investment projects bond issue and appropriations
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: (Introduced - Dead) 2011-03-09 - Author added Michel [SF514 Detail]
Download: Minnesota-2011-SF514-Introduced.html
1.2relating to capital investment; appropriating money for projects at the University
1.3of Minnesota; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7To the Board of Regents of the University of
1.8Minnesota from the bond proceeds fund for
1.9the purposes specified in this section.
1.12To be spent in accordance with Minnesota
1.13Statutes, section 135A.046.
1.16To construct, furnish, and equip a new physics
1.17and nanotechnology building. The project
1.18will include research laboratories, offices,
1.19a clean room supporting nanotechnology,
1.20faculty/student meeting space, infrastructure,
1.21and support spaces.
2.1To design, construct, furnish, and equip
2.2the relocated biomedical nuclear magnetic
2.3resonance (NMR) imaging facility and
2.4to mitigate impacts on other research
2.5laboratories caused by the construction of the
2.6Central Corridor Light Rail Transit (CCLRT)
2.7line, the costs of which are not covered by the
2.8CCLRT project budget. This appropriation is
2.9intended to fund approximately one-half of
2.10the cost of the project.
2.13To design, construct, furnish, and equip an
2.14American Indian Learning Resource Center.
2.17To predesign, design, construct, furnish, and
2.18equip a new biological laboratory/classroom
2.19facility and renovate the classroom in the
2.20historic lakeside laboratory at the University
2.21of Minnesota facility in Itasca State Park.
2.23Except for Higher Education Asset
2.24Preservation and Replacement (HEAPR)
2.25under subdivision 2 and the Light Rail
2.26Transit: Laboratory Mitigation project
2.27described in subdivision 3, paragraph (b), the
2.28appropriations in this section are intended to
2.29cover approximately two-thirds of the cost of
2.30each project. The remaining costs must be
2.31paid from university sources.
3.1Upon substantial completion of a project
3.2authorized in this section and after written
3.3notice to the commissioner of management
3.4and budget, the Board of Regents must use
3.5any money remaining in the appropriation
3.6for that project for HEAPR under Minnesota
3.7Statutes, section 135A.046. The Board
3.8of Regents must report by February 1 of
3.9each even-numbered year to the legislative
3.10committees with jurisdiction over capital
3.11investment and higher education finance, and
3.12to the chairs of the house of representatives
3.13Ways and Means Committee and the senate
3.14Finance Committee, on how the remaining
3.15money has been allocated or spent.
3.16 Sec. 2. BOND AUTHORIZATION.
3.17To provide the money appropriated in section 1 from the bond proceeds fund, the
3.18commissioner of management and budget shall sell and issue bonds of the state in an
3.19amount up to $109,667,000 in the manner, upon the terms, and with the effect prescribed
3.20by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
3.21article XI, sections 4 to 7.
3.22 Sec. 3. EFFECTIVE DATE.
3.23This act is effective the day following final enactment.
1.3of Minnesota; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
| 1.5 |
Section 1. UNIVERSITY OF MINNESOTA |
||||||
| 1.6 |
Subdivision 1.Total Appropriation |
$ |
109,667,000 |
||||
1.8Minnesota from the bond proceeds fund for
1.9the purposes specified in this section.
| 1.10 1.11 |
Subd. 2.Higher Education Asset Preservation and Replacement (HEAPR) |
35,000,000 |
|||||
1.13Statutes, section 135A.046.
| 1.14 |
Subd. 3.Twin Cities Campus |
||||||
| 1.15 |
(a) Physics and Nanotechnology Building |
51,333,000 |
|||||
1.17and nanotechnology building. The project
1.18will include research laboratories, offices,
1.19a clean room supporting nanotechnology,
1.20faculty/student meeting space, infrastructure,
1.21and support spaces.
| 1.22 |
(b) Light Rail Transit: Laboratory Mitigation |
12,500,000 |
|||||
2.2the relocated biomedical nuclear magnetic
2.3resonance (NMR) imaging facility and
2.4to mitigate impacts on other research
2.5laboratories caused by the construction of the
2.6Central Corridor Light Rail Transit (CCLRT)
2.7line, the costs of which are not covered by the
2.8CCLRT project budget. This appropriation is
2.9intended to fund approximately one-half of
2.10the cost of the project.
| 2.11 |
Subd. 4.Duluth Campus |
||||||
| 2.12 |
American Indian Learning Resource Center |
6,977,000 |
|||||
2.14American Indian Learning Resource Center.
| 2.15 |
Subd. 5.Itasca Biological Station |
||||||
| 2.16 |
Itasca Facility Improvements |
3,857,000 |
|||||
2.18equip a new biological laboratory/classroom
2.19facility and renovate the classroom in the
2.20historic lakeside laboratory at the University
2.21of Minnesota facility in Itasca State Park.
| 2.22 |
Subd. 6.University Share |
||||||
2.24Preservation and Replacement (HEAPR)
2.25under subdivision 2 and the Light Rail
2.26Transit: Laboratory Mitigation project
2.27described in subdivision 3, paragraph (b), the
2.28appropriations in this section are intended to
2.29cover approximately two-thirds of the cost of
2.30each project. The remaining costs must be
2.31paid from university sources.
| 2.32 |
Subd. 7.Unspent Appropriations |
||||||
3.2authorized in this section and after written
3.3notice to the commissioner of management
3.4and budget, the Board of Regents must use
3.5any money remaining in the appropriation
3.6for that project for HEAPR under Minnesota
3.7Statutes, section 135A.046. The Board
3.8of Regents must report by February 1 of
3.9each even-numbered year to the legislative
3.10committees with jurisdiction over capital
3.11investment and higher education finance, and
3.12to the chairs of the house of representatives
3.13Ways and Means Committee and the senate
3.14Finance Committee, on how the remaining
3.15money has been allocated or spent.
3.16 Sec. 2. BOND AUTHORIZATION.
3.17To provide the money appropriated in section 1 from the bond proceeds fund, the
3.18commissioner of management and budget shall sell and issue bonds of the state in an
3.19amount up to $109,667,000 in the manner, upon the terms, and with the effect prescribed
3.20by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
3.21article XI, sections 4 to 7.
3.22 Sec. 3. EFFECTIVE DATE.
3.23This act is effective the day following final enactment.
